February 27, 2023 Because we do not track you across different devices, The postmaster general had not previously outlined his final vision for the impact his 10-year business plan would have on the size of the workforce, speculating last year he might spearhead a net growth. if the Postal Service moves forward with misguided plans to reduce the workforce, the Postal Service should offer a monetary incentive for those eligible for regular retirement as well employees eligible for an early-out. In selecting the best days to retire during 2022, 2023, 2023 and 2025, the issue of accruing the full amount of annual leave hours for the last pay period worked is an important consideration. letter carriers posted on February 28, 2023, Panel Backs Bill to Make Censorship a Firing Offense for Federal Employees Contact Us 1727 King Street, Suite 400 Alexandria, VA 22314-2753 703-836-9660 (phone) 703-836-9665 (fax) FERS employees (including Trans FERS employees) are treated differently with respect to the effective retirement date and the issuance of their first FERS annuity check (and CSRS annuity check in the case of Trans FERS employees). holidays EEO Alaska Many are asking, "Should I accept early-out retirement?". With the exception of Jan. 1, 2022, Dec. 31, 2023, Jan. 3, 2024, Dec. 31,2024, Jan. 3, 2025, and Dec. 31, 2025, all of the dates presented are the official end of a pay period; that is, the second Saturday of the pay period. post office closings Bud Budderly said: There's a rumor circulating in our office started by a supervisor who is normally a reliable source. Your health insurance premiums will increase if you currently are covered by the Consumer Driven APWU health plan. CVS able to use or see these sharing tools. USPS last offered early retirements on a large scale in 2018 when it provided the incentive to 26,000 mail handlers and clerks. November 2022 For example, if a CSRS or a CSRS Offset employee retired on Jan. 1, 2022, then the employees retirement became effective on Jan. 2, 2022. The House Oversight and Reform Committee, on a bipartisan vote, passed HR 1307, The Vote by Mail Tracking Act. At most agencies, an employee who works a Monday through Friday 8 hour per day work schedule, and who retires before the official end of the pay period (which is the second Saturday of the pay period), will not accrue any annual or sick leave (see below) hours for that last period worked. All retiring employees are paid in a lump sum payment (made by their payroll processing office) for any unused annual leave hours as of the day of their retirement. May 2018 } USPS last offered early retirements on a large scale in 2018 when it provided the incentive to 26,000 mail handlers and clerks. More specifically, we use cookies and other tracking We do not allow you to opt-out of our certain cookies, as they are necessary to NAPS Store Order Form, 1727 King Street, Suite 400 More than 20,000 early retirements and buyouts at the Postal Service earlier this year also slowed the agency's momentum, said OPM's Ken Zawodny in an interview with Government Executive, but "the sequester and loss of overtime is what derailed it." Zawodny, associate director for retirement services, said that OPM would have been . cookies (and the associated sale of your Personal Information) by using this toggle switch. content and messages you see on other websites you visit. FedEx The latest reports from users having issues in Los Angeles come from postal codes 90060, 90017, 91042, 90015 and 91605. Other operating expenses increased $1.3 billion, or 13.0 percent, as inflationary pressures have led to higher average fuel prices for delivery vehicles and an increase in rent and utilities costs. All Rights Reserved. General Buyout Policies. The information is offered with the understanding that the publisher is not engaged in rendering legal, accounting or other professional services. To avoid a reduction in force, the Postal Service is offering voluntary early retirements to most eligible non-union employees at its headquarters, as well as at area and district offices. The U.S. The newest federal holiday, Juneteenth, commemorating the end of slavery in the United States, falls on a Sunday this year, so USPS and other federal agencies will observe the holiday on June 20. September 2020 For more information, please read our Terms of Service. There will be employee impacts as a result of district closings and administrative reductions, said Dave Partenheimer, a USPS spokesman. The plan thats in process right now is an administrative headcount reduction of some 60,000 people that was brought about with our realignment, DeJoy said. Click on the different category headings to find out more and change our Nebraska man gets prison for impersonating USPS Postal Inspector December 9, 2021; U.S. Select Category ensure the proper functioning of our USPS is in the process of implementing another part of DeJoys vision as it consolidates facilities and reduces its physical footprint. For example, if a CSRS or a CSRS Offset employee retired on Jan. 4, 2022, then the employees retirement becomes effective on Feb. 1, 2022, and the retired employees first CSRS annuity check will be dated March 1, 2022. The early retirement offers, which did not come with any buyout incentive, were part of a "RIF-avoidance" process. coronavirus information by using this toggle switch. 5 day delivery NALC and the Postal Service open negotiations for sixteenth collective bargaining agreement /* ]]> */ When Louis DeJoy first took office, the postmaster general led an effort toslash tens of thousands of non-union jobsby offering early retirement incentives and layoffs as part of a reorganization of its management structure. user asks your browser to store on your device in order to remember information about you, such as your [CDATA[ */ employee survey USPS will email the voluntary early retirement offering option to eligible employees on March 4, in addition to sending a hard-copy notification to home addresses via First-Class Mail. I've Googled and can't find anything. The dates shown in the table below were determined based on OPMs 2022 2023, 2024 and 2025 leave year calendars used by most Federal Executive Branch agencies. Royal Mail Postal Service today announced its financial results for the 2022 fiscal year ended September 30. In particular, most employees cannot carry over more than 240 hours of unused annual leave into the new leave year. April 2021 November 2018 Personal Information. The Postal Service is updating employees on its administrative restructuring. CanadaPostNews.com Marketing Mail experienced steep volume declines at the onset of the pandemic but has been rebounding as the economy continues to recover. posted on March 1, 2023, SHOW Up Acts Potential Implications on Extended Use of Telework for Federal Employees Below are those I found today BALTIC Every weekday morning, Zack Triplett heads out from the Baltic post office, bringing theU.S. pitbulls If you are under the Minimum Retirement Age (MRA), you will not receive the Social Security Supplement until you reach the MRA. In the meantime, the annuitant has bills to pay, and many retired employees use their unused annual leave lump sum payment (received by most retiring employees within 30 days of their retirement date) to help pay these bills while the recently retired employee waits for his or her first full CSRS or FERS annuity check. NAPS Newsbreak FY22 PES Mitigation Dates Early outs have a larger budget impact over time than RIF's because younger employees, that would be subject to layoffs, generally receive lower pay and benefits than the senior employees that would be eligible for early retirement. web. 10 Ways to Get Your Financial Plan on Track in the New Year, How to Report Dividend Income on the 2022 Federal Income Tax Return. Entries feed At approximately 2200 EST on October 30, October 28, 2022 Preferences menu of your browser. October 2022 Technology Artificial Intelligence Ask the CIO Automation Big Data CIO News Cloud Computing Cybersecurity IT Modernization Open Data/Transparency February 2022 The information collected might relate to you, your preferences or your device, and is mostly dogs You can set your browser to block or alert you about these cookies, but some parts On October 28, 2022, USPS Headquarters informed NAPS Headquarters about the Mitigation Date for the FY22 NPA., September 21, 2022 Hatch Act If you want to opt out of all of our lead reports and lists, please submit a February 27, 2023 Cyclist Blamed For His Own Death During Trial Of a USPS Truck Driver Who Killed Him On the evening of Tuesday, June 29, 2021, Jeffrey Williams was riding home for dinner in the northbound bike lane on Central Park West when he was fatally struck by a United States Postal Service (USPS) truck driver . In phase one of the restructuring, announced last August, DeJoy reshuffled USPS executives and realigned the agency to focus on three lines of effort retail and delivery operations, logistics and processing, and commerce and business solutions. The Postal Service's operating revenue was $78.5 billion for the year, an increase of $1.5 billion, or 1.9 percent, despite a volume decline of 1.6 billion pieces, or 1.2 percent, compared to the same period last year. to take that as a valid request to opt-out. Los Angeles, CA 90039. privacy request at our Do Not Sell page. October 2018 performance, so that we may improve our websites and your experience. STATEMENT ON POSTMASTER GENERALS ANNOUNCEMENT OF 3% PAY INCREASE First-Class Mail revenue increased $772 million, or 3.3 percent, despite a volume decline of 1.7 billion pieces, or 3.4 percent, compared to the same period last year. /* ]]> */ On a U.S. generally accepted accounting principles (GAAP) basis, the Postal Service had net income of $56.0 billion for the year, compared to a net loss of $4.9 billion for the same period last year, due almost exclusively to the one-time, non-cash impact of the PSRA. October 2021 May 2021 Those who apply for the early-out will see financial/income impacts, including: If you are an employee covered by CSRS, you will have your annuity reduced by 2% for each year you are under age 55. February 2021 1, 2022. Much will depend on how many employees accept the early retirement offers, as well as how the Postal Services final structure and staffing plan takes shape next month. eBay This is because of the use or lose rule for unused annual leave that affects most employees. July 2020 OPM information. OIG February 2018 Payments are to be made in equal installments through 2043. For example, if a FERS employee retired on Dec. 31, 2021, then the employees retirement became effective on Jan. 1,2022 and the annuitants first FERS annuity check will be dated Feb. 1, 2022. 5 Expense for the annual payment due September 30 of the respective year, calculated by OPM to amortize the unfunded FERS retirement obligation. election mail #MAGABomber In light of a nationwide surge in check fraud schemes targeting the U.S. Mail1 (hereinafter mail theft-related check fraud), the Financial Crimes Enforcement Network (FinCEN) is issuing this alert to financial institutions to be vigilant in identifying and reporting such activity USPS competitor and mail industry news 03/01/2023, Postal Supervisors Feel Pressure to Under-Report Work Hours, Says IG, United States Conference of Catholic Bishops backs former post office employee in Supreme Court religious-liberty case, Investigators find no wrongdoing after postal worker dies in Putnam County dog attack, President Biden nominates Julie Su as labor secretary, Video: DeJoy delivers update to postal employees, North Syracuse Man Pleads Guilty to Mailing Threatening Letters, USPS commits $1.2B to lay foundation for its mostly electric next-gen fleet, Paramedics, deputies save two from postal service building in Norman on Sunday, Pleasant Prairie, WI USPS Postmaster charged after embezzling over $60,000, USPS Gets Brand Savvy under Postmaster General DeJoy, USPS hiring notices and job fairs 03/01/2023, How to keep USPS smartphones from quarantine, Postal Service will observe Womens History Month in March, USPS Moves Forward with Awards to Modernize and Electrify the Nations Largest Federal Fleet, Woman suspected of attacking ex-boyfriend at Lafayette post office, Convicted 1990s North Carolina mail bomber resentenced, Trial begins for woman accused of murdering Longmont USPS carrier over custody dispute in 2021, USPS Tells TV Viewers It Is Reinventing Its Network, FinCEN Alert on Nationwide Surge in Mail Theft-Related Check Fraud Schemes Targeting the U.S. Mail, National Rural Letter Carriers Association, National Association of Postal Supervisors, The secret to faster delivery is clear: overhauling the street address as we know it, Feds investigating Sacramento post offices following workplace injuries, Postal Police union head reacts after Postal Inspection Service refuses to reinstate route patrol. DISCLAIMER: The information presented on MyFederalRetirement.com is provided for general information purposes. These cookies are not used in a way that constitutes a sale of A U.S. UPS With their confirmations, the Board of G. September 2021 The government's main tools to boost turnover are early retirements, and buyout incentives. right wing wackos Help us tailor content specifically for you: Tips for Career Feds on Handling Congressional Probes. UPU The Postal Service published a list of 93 questions and answers shared with our members in an earlier Web article. Support the Postal Employee Relief Fund 100% donated to PERF Click here, Unscheduled Leave Number 1-877-477-3273 USPS Emergency Hotline 1-888-363-7462 Pay/Benefit Help 1-877-477-3273. NAPS has been briefed that VP Heather Dyer and the Inspection Service have confirmed Postal Service employees are often unknowingly providing their usernames and passwords. APWU national officers initiated a January 10 meeting with postal management to address issues and concerns about the VER including why the VER was not offered to all crafts, the need to halt all plans for excessing in light of the VER and the process in place for retirement counseling. cbus Once retired, an annuitant receives interim annuity checks not full annuity checks -equal to approximately 40 to 80 percent of the full annuity check. We are rising to meet these challenges through strategic management of our business that will allow us to continue providing high-quality service to the American public while supporting our employees and achieving long-term financial sustainability.". The Postal Service has announced a limited early retirement opportunity effective April 30 for certain non-bargaining unit employees at headquarters, headquarters-related, area and district offices as part of its latest reorganization steps. Cookies as they are deployed in order to ensure the proper functioning of our website (such as prompting the March 2021 Payments are to be made over a 30-year rolling period based on OPM invoices. Social media cookies are set by a range of social media services that we have He added, however, the agencys high turnover rates will likely highlight areas for efficiencies. American Postal Workers Union, AFL-CIO Strictly Necessary Cookies - Always Active. Our latest results show that we are making solid and steady progress despite administrative, operational, and inflationary headwinds toward our goals of financial break-even on an annual basis and sustainability on a long-term basis, said Postmaster General and CEO Louis DeJoy. August 2022 DeJoy recently unveiled a 10-year business plan that included a proposal to resume those closures and consolidations. You cannot opt-out of our First Party Strictly Necessary The U.S. FEHBP Open Season This website uses cookies to enhance user experience and to analyze performance and The Postal Service has announced a limited early retirement opportunity effective April 30 for certain non-bargaining unit employees at headquarters, headquarters-related, area and district. If you are covered by FERS, you will only earn 1% of your salary as an annuity for each year worked (e.g. These risks include, but are not limited to, the effects of COVID-19 on the Postal Service's business, financial condition, and results of operations. While we are not where we want to be and still have far to go, the execution of our Delivering for America plan is producing greater operational efficiencies, improving service performance, generating more revenue, and enabling long-deferred investments to modernize our technology and operations infrastructure. August 2018 retirement December 2019 Information on who to contact and how to arrange counseling will be in the packet. ensure the proper functioning of our website (such as prompting our cookie banner and remembering your privacy choices) and/or to monitor site performance. insurance personalize your experience with targeted ads. November 2019 This VERA comes without any monetary incentive payments to retire, and simply makes early retirement available to eligible employees. Matt Rourke/AP. My Federal Retirement is not affiliated with the U.S. Federal Government. see some advertising, regardless of your selection. USPS has operated under a hiring and promotion freeze among its supervisory and administrative positions throughout its headquarters and district offices since August, leaving vacancies that laid off staffers could transfer into if they chose to do so. Translate to English There was a problem fetching the translation. 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